3 months on rocket

12501 Melloy Way, Albuquerque, NM, 87111

$299,000

0.25 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #1066784
Lot Size0.25 Acres
StatusActive

About 12501 Melloy Way

Build your custom home in the intricate gated Albuquerque Ranch Estates community! This charming gated community has stunning views of the Sandia and Manzano mountains and your lot is turnkey ready. Pad site is over ex'ed and compact. Water, electric, gas and cable are all stubbed in at the street and ready for your custom home.

Property Details

Property Features

Listing Office:

  • Office Name: Maestas Real Estate Services
  • Office Phone: (505) 463-3565
  • Listing Agent: Rachel Amy Bevan

Lot Features

Lot Information:

  • Lot Size: 0.25 Acres

Other

Directions Information:

  • Directions: From Tramway and Spain, Head West on Spain, Turn Right on Royal Oak Dr, Turn Right on Royal Oak St, Head North until you arrive at the gate of Albuquerque Ranch Estates, go through gate, and turn right on Melloy Way to 12501 Melloy Way NE.

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,000

HOA Fees:

  • Amount: $800
  • Frequency: Annually
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Housing Market Comparison

See how this home compares to others in Albuquerque, NM.

Med. Sold Price

$344K

Med. Price/SqFt

$204

Avg. Days On Market

33

# of Sold Homes

530

12501 Melloy Way vs Albuquerque

103 DAYS ON ROCKET

+70 Days

$299,000

-$45K Less

KEY TAKEAWAY

This property is $45K less than the Median Sold Price in Albuquerque, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWMLS
  • MLS Number: #1066784

Listing Office:

  • Office Name: Maestas Real Estate Services
  • Office Phone: (505) 463-3565
  • Listing Agent: Rachel Amy Bevan

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.

Copyright © 2024 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/18/2024, 11:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,626

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$963

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-744295
4
/10
  • Edmund G. Ross Elementary School

  • 6700 Palomas Ave NE

  • 0.28 miles

  • Public District Grades PK-5

school-card-donut-744296
8
/10
  • Dennis Chavez Elementary School

  • 7500 Barstow St NE

  • 1.09 miles

  • Public District Grades PK-5

school-card-donut-744297
7
/10
  • Arroyo del Oso Elementary School

  • 6504 Harper Dr NE

  • 1.20 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,921. Most Albuquerque, NM residents have annual incomes less than $35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 12501 Melloy Way

What is the listing price of this property?

The listing price of 12501 Melloy Way property is $299,000.

What type of property is this?

The property 12501 Melloy Way is land located in Albuquerque, New Mexico, 87111.

Is this property for sale now?

Active Listing: 12501 Melloy Way is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 12501 Melloy Way is 0.25 acres.
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Rocket HomesNew MexicoBernalillo CountyAlbuquerque8711112501 Melloy Way

This home is located at 12501 Melloy Way in Albuquerque, NM and zip code 87111 in the Northeast Albuquerque neighborhood. This home sits on a 0.25 acre lot. It has been listed on Rocket Homes since August 07, 2024 and is currently priced at $299,000.

Albuquerque, NM housing market in October 2024 saw over 94 listings sold above listed price, more than 148 sold at listed price and over 288 sold below. The number of homes for sale in Albuquerque, NM decreased by 8.2% between September 2024 and October 2024. In October 2024 median list price was $344,019 and the average listing age was 33 days.

From Rocket Homes Real Estate and based on county public records data.

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